Atomic
Layer Deposition in increasingly being used in manufacturing of
electronic products where thickness of the film is absolutely imperative
such as; smart phones, printers, data storage devices, displays,
different types of small electronic components and many others products.
It is mainly responsible for semiconductor fabrication and nanomaterial
synthesis. Growing application of thin film coatings is the major
driving factor for atomic layer deposition market. Through atomic layer
deposition, ultra-thin films can be created in a sequential and
self-limiting way depending on the material or product, which needs the
layer to be applied on. Atomic layer Deposition process is especially
favored because of its ability to control the film thickness in
nanometer thickness regime. Atomic layer deposition is a perfect
deposition method for applications where the surface area of the base
material is very small.

According to a recent study
from IndustryARC the global market value of atomic layer deposition was
$910 million in 2015. Atomic layer deposition instruments are expensive
as compared to conventional techniques such as MOCVD and PVD,
consequently the equipment used for atomic layer deposition accounted
for more than 60% of the global market revenue share.

Inquiry before Buying Report @ http://www.industryarc.com/inquiry-before-buying.php?id=15340
The
substrates used in atomic layer deposition instruments are also
difficult to obtain when compared to conventional techniques. This is
projected to hamper the growth of the market to a certain extent.
Furthermore, the deposition rate of atomic layer deposition is slower,
which could pose a challenge to its market growth. Additionally, the
industry is capital intensive in nature, and investment usually occurs
during periods of major technology developments.

APAC
has the largest market share followed by North America and Europe in the
overall atomic layer deposition market. India and China are expected to
be the major markets for atomic layer deposition in Asia Pacific due to
the presence of established end-user industries. Major semiconductor
manufacturers are shifting their production facilities from developed
economies to emerging economies of Taiwan due to the presence of
economical land, government subsidies, and skilled labor. Hong Kong,
Australia, New Zealand, Republic of Korea, Japan, Vietnam, Malaysia, and
Indonesia are anticipated to be the other major markets in Asia
Pacific.

China to focus on meeting its own
semiconductor requirements by promoting local manufacturers and infusing
large-scale investments

China accounts for 54% of the
global semiconductor sales market which is equal to 340 billion US$ and
as per IndustryARC analysts is estimated to exceed $1.8 billion in
revenue generated from Atomic Layer Deposition (ALD) applications by
2022. In addition, in 2015 China was the only region in the world that
showed Y-o-Y growth of 7.5% in semiconductor sales. There is another
very strong indicator of the importance of the Chinese semiconductor
industry in the atomic layer deposition market; in September 2014, the
central government set up the China Integrated Circuit Industry
Investment Fund (CICIIF/Big Fund). This fund plans to invest more than
160 billion US$ into the Chinese semiconductor industry in the coming 10
years. The target is to reduce reliance on foreign suppliers and
domestically produce 40%of all chips consumed by Chinese industry in
2020 and 70%in 2025, currently 30 %.

Major
players involved in this market are primarily focused on R&D
initiatives and new product developments to cater the needs of
customers. However, high cost linked with atomic layer deposition
business is anticipated to continue being a key challenge for market
participants. Booming consumer electronics and automotive industry will
directly impact the demand of atomic layer deposition products over the
foreseeable period.